SERS Golden Years Enjoy your - with - HDB
←
→
Page content transcription
If your browser does not render page correctly, please read the page content below
Enjoy your
Golden Years
with
SERS
黄金岁月就从选择性整体重建计划开始
Our SERS Team
Note: The information contained in this brochure is current at the time of printing. It is subject
to change as may be required by the relevant authorities and/or at the sole discretion of HDB.
All rights reserved. Reproduction of this brochure in whole or part without written permission
from HDB is strictly prohibited.
The information is also available in Chinese, Malay and Tamil. However, if there is ambiguity
or inconsistency in the interpretation of the information in the other languages, the meaning in
the English version shall prevail.
注：本册子的资料以出版时为准。有关资料可以因相关机构和/或建屋局单方面的决定而修改。
册子里的资料全属建屋局所拥有。在未经建屋局的书面同意之前,不可以复制册子里部分或
全部的资料。
本册子的资料也以华语、马来语及淡米尔语出版。若有不明确之处,请参阅英语版为准 。
Welcome to SERS!
Having lived in your flat and this familiar environment for
many years, it is understandable if you are feeling a little anxious
and uncertain when the Selective En bloc Redevelopment Scheme
(SERS), was announced for your block.
This guide has been specially prepared to give you the
information you should know about SERS in 6 simple pointers
and an overview of your rehousing options. Rest assured that our
team is here to work with you and your family to ensure that your
transition to the new home is smooth and hassle-free.
We encourage you to read this booklet and visit the SERS Exhibition
to find out more. At the Collector’s Inquiry which will be held soon,
you will have another opportunity to meet with the officer-in-charge to
discuss the rehousing options and your financial plan.
If you have any enquiries, please call our SERS hotline
at 1800 866 3070. We wish you a pleasant journey with SERS!
As we have made this guide concise,
please also refer to copy of “My SERS My SERS Guide
Guide” for more detailed information.
a Guide for our Seniors - 2014 Edition 1
1. What is SERS?
SERS was launched in August 1995 as part of the
Government’s continual effort to renew old housing
estates in Singapore.
SERS!
Through SERS, you are offered a unique opportunity
to unlock the value of your existing flat and move to In the latest
a new home while remaining close to old neighbours survey in 2013,
and familiar surroundings. more than
85% of the
households
surveyed
were happy
with SERS and
highly satisfied
with their
new homes!
2. Where will my new flat be?
You may choose a 2-, 3-, 4- or 5-room flat (subject
to eligibility) in one of the five new housing precincts
located in Dawson estate. The five projects comprise
A New Living
a total of 3,700 units of new flats. Experience
In and around these desirable precincts are many You will only
amenities like the Queenstown MRT Station, move out of
Queenstown Community Centre, Queenstown Library, your existing
Dawson Place, shops, a brand new hawker centre and flat when your
supermarket. new home
is ready in
2020/2021.
2 Enjoy your Golden Years with SERS
My SERS Guide
Please refer to pages
7 and 8 for selling
prices of the flats
Site A
1,220 units
Site B
1,180 units
Site C
818 units
Site D
242 units
Site E
247 units
The number of new flats to be built may change due to the adjustment of flat mix to meet the rehousing needs of residents.
a Guide for our Seniors - 2014 Edition 3
3. Do I need to top up cash for a
new flat of the same flat- type?
You will receive the market value of your existing flat
as compensation and some reasonable expenses to
help you relocate. The compensation can be used
to offset the payment required to buy a new flat at
HDB’s subsidised price.
Under SERS, eligible flat owners enjoy a
$15,000 (singles)/ $30,000 (joint singles/
families) SERS grant for the purchase
of the new flat.
My SERS Guide
Please refer to pages Some of the compensation may be refunded to the
4 and 5 for details
on Compensation.
CPF Ordinary Account (OA). A portion of this refund
will be used to meet the CPF Minimum Sum
and Medisave Required Amount for flat owners
who have a shortfall. This ensures flat owners
of a regular income upon reaching the CPF
drawdown age and adequate savings to meet future
healthcare expenses.
4 Enjoy your Golden Years with SERS
The CPF refund will be made closer to the keys collection date of the new flat.
At that time, if you need to use the refunded CPF monies to buy the new flat,
you may request HDB to help you apply to the CPF Board on your behalf.
Depending on the flat type you choose for your replacement flat, the CPF
Board may grant approval for a partial or full use of the refunded CPF monies.
We will be able to advise you further on this during the Collector’s Inquiry
at the HDB Hub.
Generally, flat owners who have fully paid up the housing loan for
their existing flat- will not have to top-up cash for a new home of
the same flat type.
Our SERS team, together with the officer-in-charge of your flat, will assist you
in applying for a replacement flat that is affordable and meets your needs.
a Guide for our Seniors - 2014 Edition 5
4. What are the rehousing
options and benefits?
Here are the rehousing options you may consider. Do take your time to consider
the options below and talk through the possibilities with your family.
1 I would like
to remain
in Queenstown
Buy a new 30-year* lease
*3
0-year lease flats are available for
owner(s) at CPF Drawdown Age or
older, at the point of announcement
and buying an equivalent or smaller
flat type (up to 3-room), subject
2-room or 3-room flat to HDB’s approval. Speak to your
or 99-year lease 2-, 3-, 4- officer-in-charge to find out more
or 5-room flat (if eligible)
at Dawson
2
I would like to
stay near my children
who do not live in
Queenstown
Apply for a Studio Apartment,
2-, 3-, 4- or 5-room flat (if eligible)
elsewhere under Build-To-Order
3
(BTO) or Sale of Balance Flats
I have my own (SBF) exercise with a 10% priority
alternative allocation and enjoy the
accommodation same rehousing benefits
Receive ex-gratia payment on top
of total compensation in place of
SERS rehousing benefits
OR
Sell/ Transfer your SERS
flat with rehousing
benefits
6 Enjoy your Golden Years with SERSIf you meet the qualifying age, you may also be eligible for:
i. a Silver Housing Bonus of up to $20,000 when you buy a smaller
replacement flat type (up to 3-room) at 99-year lease; or
ii. a cash bonus of up to $20,000 when you buy a 2-room or 3-room flat
on a 30-year lease at Dawson.
Illustration of an existing 3-room (56-66 m2) flat owner with
no outstanding housing loan buying a 2-room (45 m2) flat
Estimated market value of
$357,500
current flat on 5th storey*
Estimated subsidised price
of new flat on 10th storey after
$201,000
$30,000 SERS grant
(if eligible)
Net Receipt (cash/CPF) $156,500
Up to $20,000
Silver Housing Bonus if you top up CPF
Retirement Account
* Excludes reasonable expenses comprising removal expenses, stamp and legal fees.
Please speak to your
officer-in-charge to
find out more about
schemes and bonuses
for seniors.
a Guide for our Seniors - 2014 Edition 75. Can family members be included
in the new flat application?
Yes, they can. The SERS benefits will be reassessed if the parent/child
currently owns a private property, has enjoyed SERS benefits or two HDB
housing subsidies before. The officer-in-charge will be happy to explain any
implications of the inclusion.
You may buy your
new flat with your
immediate family
members (parent or
child, if eligible) by
including them as
co-owners of
the new flat.
8 Enjoy your Golden Years with SERS6. What if the owner passes away
before collecting keys to the
new flat?
Start
Is the deceased the sole
owner of the flat?
No Yes
Is the flat held in The deceased’s estate
a joint tenancy? will be distributed
This information can be found according to his/her Will
in the lease agreement. (if any) or according to
the provisions of the
Intestate Succession Act.
No
If the deceased’s
Yes
beneficiaries are eligible
and wish to take over
the SERS flat, only
The HDB flat will be passed
those who are existing
on to the co-owner(s).
occupiers can retain the
The application for the existing SERS rehousing
new flat can be retained benefits. Otherwise, the
if he/she satisfies HDB’s SERS benefits will be
prevailing eligibility reassessed.
conditions to own a flat
and there will be
no change to
the SERS benefits.
a Guide for our Seniors - 2014 Edition 9What’s Next?
Before you meet us, you may wish to prepare by
doing the following:
#1 Apply for a SingPass
This will come in handy to access your CPF account,
other Government e-Services and future online applications.
Apply online at www.singpass.gov.sg if you do not have one.
Find out how much CPF funds you have for the
#2 purchase of your new flat
Log on to www.cpf.gov.sg or visit a CPF branch with
your SingPass for your CPF balance.
Check the outstanding loan you have on your
#3 current flat (if any)
Log on to www.hdb.gov.sg/myhdbpage if you have taken
an HDB loan or speak to your bank representative if you
have taken a bank loan.
Consider whether you want to enhance your
#4 retirement funds by right-sizing or buying a
shorter-lease flat
Discuss with your family members or your officer-in-charge
on your rehousing options.
10 Enjoy your Golden Years with SERSOur SERS Team
Note: The information contained in this brochure is current at the time of printing. It is subject
to change as may be required by the relevant authorities and/or at the sole discretion of HDB.
All rights reserved. Reproduction of this brochure in whole or part without written permission
from HDB is strictly prohibited.
The information is also available in Chinese, Malay and Tamil. However, if there is ambiguity
or inconsistency in the interpretation of the information in the other languages, the meaning in
the English version shall prevail.
注：本册子的资料以出版时为准。有关资料可以因相关机构和/或建屋局单方面的决定而修改。
册子里的资料全属建屋局所拥有。在未经建屋局的书面同意之前,不可以复制册子里部分或
全部的资料。
本册子的资料也以华语、马来语及淡米尔语出版。若有不明确之处,请参阅英语版为准 。Enjoy your
Golden Years
with
SERS
黄金年华就从选择性整体重建计划开始You can also read
